Principal AM’s Seema Shah: Money market surge poised to fuel risk asset rally
A record $5.7trn has been amassed
A record $5.7trn has been amassed
There are solid arguments supporting a harder landing scenario than markets are pricing in
‘Our plan for the British economy is working, but the work is not done’
Assets under management fell by 5% over the half year to £123.1bn
Wage growth excluding bonuses eased to 7.7%
The risk of a UK recession and an ‘outright fall’ in inflation is growing
Committee voted by a majority of 6-3 for the hold
Chair Jerome Powell’s commentary was where interest lay
Key events for UK wealth managers for the week starting 30 October
Commentators debate the likely path ahead for monetary policy
The region compares relatively favourably to other emerging markets, but it is still struggling for attention against its Asian peers.
ONS introduces new process which uses tax data and benefit claims